The spec home at 7417 N Secret Canyon Drive was first listed in October 2008 for $4.5mil. And in the 3 long years since that dark October day the price has dropped a total of 1 million to $3.495. But now today they lopped off $500 thou in one swoop – to $2.995 ($414/sf). 7417 N Secret Canyon Drive Tucson, AZ 85718
(listed by Long Realty)
And not to be outdone, right up the street at 7431 N Secret Canyon Drive the price dropped from a cool $5 million to an even cooler $3.950 ($410/sf).
And I’ll be …, talk about coincidence, but this house was also listed in October 2008, though for $6,450,000. 7431 N Secret Canyon Drive , Tucson, AZ 85718 (listed by Long Realty)
Those are big price cuts, but are they big enough to excite buyers and spur offers.
Well I sure hope so, but with virtually no activity at this price range I wouldn’t hold my breath.
Though there were buyers for the house at 3657 E Canyon Wind Place – they put it in contract in June (then listed at $2.995), but they also canceled last month – and they may want to reconsider one of these. 3657 E Canyon Wind Place Tucson, AZ 85718 (listed by Russ Lyon Sotheby's Int Realty)
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